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Stack’s Bowers and Ponterio   |   The August 2018 ANA Auction   |   23 August 2018 Sort by Lot-NumberSort by Estimate
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Session 4, Lot 2029

Estimate: 6'000 USD   |   Starting price: 3'600 USD Price realized: 7'500 USD
Silver Certificates
Top of the Population 1899 $1 Fr.229 "Black Eagle" Note

Friedberg 229 (W-65). 1899 $1 Silver Certificate. PCGS Currency Superb Gem New 68 PPQ.
Perfectly centered and framed by large margins, this Vernon-McClung signed 1899 Black Eagle $1 is among the finest examples of the type we have ever offered. This note is incredibly well printed in dark inks with bold blue overprints that are deeply embossed into the creamy white paper. A scattering of red and blue fibers at left and right add to the overall appeal of this marvelous representation of an iconic American type note. Just a single 1899 $1 Silver Certificate has been graded finer by PCGS (a Fr.230).

This incredibly high grade note is one of a number of bills graded 65 and higher that provide the opportunity for many buyers to acquire a note with the Joel R. Anderson pedigree.

About the Vignette

The central vignette for which this issue is famous was resurrected from Civil War era uses on $10 Interest Bearing and Compound Interest Bearing notes, a fact not widely known as those issues are infrequently seen today. However, while the styling is very close, this is a modified vignette, with differences in the size of the Capitol rotunda and its proximity to the eagle among the easier distinctions to detect. It is this issue for which the vignette is best known, as these notes were made over a long period of time. The vignette was titled Eagle of the Capitol, and the original version was engraved by James Bannister. The updated version seen here was engraved by G.F.C. Smillie.

PCGS Population: 6; none finer.
From Lyn Knight's sale of June 2006, lot 142.

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